Dollar Hits Multi-Month Highs as US Econ Seen Improving

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Kosaku Narioka The dollar rose against other major currencies on Wednesday in Asia following strong U.S. housing data and as geopolitical tensions eased in Eastern Europe. The greenback hit a four-month high against the yen and the British pound ...

U.K. Manufacturers Expect Strong Growth Next Quarter - CBI

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Jon Sindreu LONDON--British manufacturers expect output to rebound in the next three months after a sluggish second quarter, despite weakness in exports, data from the Confederation of British Industry showed on Wednesday. Forty-two percent of manufacturers surveyed by the ...

Standard Chartered Arm to Buy 9.8% of Topaz Energy for $75 Million

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Nicolas Parasie DUBAI--Dubai-based Topaz Energy and Marine said Wednesday that Standard Chartered PLC's (2888.HK) private equity arm has acquired a 9.8% stake for $75 million to help fund the expansion plans of the offshore services company. Topaz said the ...

Malaysia July CPI +3.2% on Year; Slightly Below Expectations

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Jason Ng KUALA LUMPUR--Malaysia's consumer price index--the country's main gauge of inflation--rose 3.2% in July from a year earlier, mainly due to costlier food and non-alcoholic beverages and higher prices of non-food items, official data showed Wednesday. The index ...

Oil Prices Rise Ahead of Inventory Data

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Nicole Friedman Oil prices rose off multi-month lows Wednesday ahead of weekly data expected to show that crude-oil supplies fell last week. Light, sweet oil for September delivery traded up 79 cents, or 0.8%, to $95.27 a barrel on ...

Malaysia July CPI +3.2% on Year; Slightly Below Expectations -- Update

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Jason Ng Malaysia's consumer prices rose at a slower pace in July despite festive season during the month, clouding the prospects for another interest rate increase this year. The consumer-price index--the Southeast Asian country's main gauge of inflation--rose 3.2% ...

MARKET SNAPSHOT: Stocks Edge Up Ahead Of Fed Minutes; S&P Eyes Record

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks stepped slightly higher Wednesday afternoon, working for a third straight days of gains as investors waited for minutes from the Federal Reserve's last meeting. The S&P; 500(SPX) ...

Argentina June GDP Proxy Up 0.3% on Month, Flat on Year

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Ken Parks BUENOS AIRES--Argentina's recession battered economy showed early signs of stabilizing in June, with growth flat after three consecutive months of contraction. The national statistics agency, Indec, said its monthly economic activity indicator rose 0.3% from May, and ...

MARKET SNAPSHOT: U.S. Stocks End Higher, Recover From Post-Fed Dip

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks closed higher on Wednesday, shaking off a dip that came after Federal Reserve minutes indicated that policy makers talked at their last meeting about a sooner-than-anticipated hike ...

Oil Prices Gain on Supply Drop

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Nicole Friedman Oil prices gained Wednesday after U.S. government inventory data showed a decline in crude-oil supplies as refineries processed more oil than expected last week. Crude-oil stockpiles decreased by 4.5 million barrels to 362.5 million barrels, the U.S. ...

MARKET SNAPSHOT: U.S. Stocks: Futures Dip Ahead Of Fed Minutes

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures pushed south on Wednesday amid some concerns the rally could be running out of some steam, though no big action was expected ahead of the minutes of the latest Federal ...

MARKET SNAPSHOT: U.S. Stocks: Futures Dip Ahead Of Fed Minutes

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures pushed south on Wednesday amid some concerns the rally could be running out of some steam, though no big action was expected ahead of the minutes of the latest Federal ...

Australia's Central Bank Keeps Currency Intervention as Option

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By James Glynn SYDNEY--Australia's central bank Gov. Glenn Stevens said intervention in currency markets to help drive the Aussie dollar lower remained a real option. Speaking to a parliamentary committee Wednesday, Mr. Stevens also said that the chance of a ...

Canada Renews Push to Dismantle Internal Trade Barriers

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Nirmala Menon OTTAWA--The Canadian government, which has been pushing free-trade deals with other countries as a key part of its agenda to bolster economic growth, is turning its attention to internal trade barriers. Industry Minister James Moore on Wednesday ...

Libya's Largest Terminal Resumes Oil Exports -- 2nd Update

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Benoît Faucon LONDON--Libya said Wednesday it was resuming oil exports from its largest terminal after a year-long stoppage, as its oil industry manages to recover despite intense fighting in large cities. But new uncertainty emerged later in the day ...

CURRENCIES: U.S. Dollar Rallies; Euro Drops Below $1.33

TODAY: Aug. 20, 2014 PUB DATE: Aug. 20, 2014

By Ben Eisen, MarketWatch , Kosaku Narioka NEW YORK (MarketWatch) -- The U.S. dollar continued its advance against key rivals on Wednesday, as the euro dropped below $1.33 and the greenback rose above Yen103. The dollar's strength comes on the ...